Long-Fallow Grand Street Development Reaches 3-Story Height
You probably forgot about 355 Grand Street. And with good reason. This onetime pit had been vacant for over two years already, ever since the historic 200-year-old Federal-style row house was demolished.
The luxury payload is now well underway. Finally, there is actual visible progress toward what will soon become a six-story mixed-use development. Work on the project resumed last fall, but only now has the superstructure ascended past the plywood threshold. It currently sits at a height of about three stories.
The drama here is more than four years in the making. After purchasing 355 Grand Street for $4 million in December 2014, Interboro Properties spent the next two years demolishing a structure that had been on the corner since the 1820s. Flowers Cafe and Vic’s Pizza didn’t survive, either. (The cafe is making a comeback down the block on Essex, though.) The six-story mixed-use building will boast two enormous apartments spanning 4,653 square-feet – one duplex and one triplex – and a 2,282 square-foot commercial unit.
Judging by the project site signage, the design is bland enough to fit in with most of the new development happening in the immediate vicinity.
355 Grand St., July 2015
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